Use the information to answer questions below
Years Current Assets Liabilities Fixed Assets Capital
# # # #
2018 52550 78600 127450 X
2017 41650 53220 Y 116780
The letter X represents
  • A #78,600
  • B #180,000
  • C #101,400
  • D #258,600

The correct answer is C. #101,400

X (Capital) = Total Assets - Total Liabilities

= (52,550 + 127,450) - 78,600

= 180,000 - 78,600

= 101,400

Previous question Next question